Directors & Officers Insurance Pays out Boeing Derivative Settlement
Current and former Boeing Company directors agreed to a $237.5 million settlement to resolve claims that they ignored safety issues concerning Boeing’s 737 MAX aircraft. One of largest derivative settlements of all time, the entire settlement is to be funded by the company’s D&O insurers.
United States Delaware Chancery Court Boeing Company Scarce Insurance Sidea Only Minimizing Exclusions
Source: natlawreview.com